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's germany. other countries, which have reduced carbon emissions have done so because their economies have collapsed, places like russia, eastern europe. and for the rest of the world growth has basically meant increases in carbon. so the idea that comes from mainstream economics that you can decouple carbon from the size of the economy is not at all born out over the last 20 years. >> it's born out of germany. if someone can do it, it can be done, right? is that the answer? >> well, they've had very little slow gdp growth. and there they are an unusual economy. they've been able to export a lot of their -- big export surplus. >> everyone want to be germany. in the future, we will all be net exporters. >> can i make what is going to sound in this context like the naive case for growth and remind us why -- >> i want you to. >> why it's actually important? so, you know, let's stipulate yes, climate change is really important and, yes, juliet is absolutely right. it's really hard to do both at the same time but we have to be really careful to sort of -- it can be easy to say, let's forget abo
be integrated into how a nation gets its power. more on that after this break. >>> in germany right now there's been a real revolutionary transformation of the grid there. i have some video looking at what the kind of new german energy future or present looks like. you have times when half the power in germany is being produced by renewables. you have a tremendous explosion of wind and solar generation. how did this happen, dave? how did germany begin to undertake this? >> it's a fascinating story. the german law doesn't cost -- this is what it says. it doesn't cost the government any money. electric rate payers pay an extra fee to subsidize people who install solar or wind. people who install solar and wind are guaranteed a higher than market rate of return for something like a decade. these are called feed-in tariffs to keep with green's, you know, aptitude for great terminology. >> screw it. tomorrow we're doing an how on that. >> yes. i had dinner with the parliamentian in germany that got this passed last year. i asked him, this one law is like a lever transforming one of the biggest ind
in the united states in the year, 150 or 70 in germany. sigh was talking to michael moore last night. australia, a country of hunters, after a terrible mass killing in 1986, in a moment, they turn around, gun rocontrol, it goes zero. there are two issues here, one is gun controls and the cuts taking place around mental illness. we don't know particularly in this case, what adam lanza's condition was, but we know if we look at the string of killings takes place from aurora, on back, not to mention what happened this week. this is a very serious issue, that the issue of mental illness, its stigma, and the lack of support and our problems with health care in this country, you put these two together, and it is a perfect storm. gun control and helping to support people who are mentally ill in this country. >> what i find so disturb sergeant reaction is a always around the additional criminalizing, of those, least involved in the attack and the deaths. so we talk specifically about the importance of having more security in schools. so now 5-year-olds -- an armed policeman is what 5-year-olds need. ye
expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. relieving the pain quickly. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por
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